#创作者冲榜


Today's Market Summary - Market Shows Weak Oscillation, Rebound Likely Next Week, Pay Attention to Altcoin Performance Over the Weekend

Following yesterday's decline, BTC continued oscillating at lower levels today, another day of ranging anxiety. Bitcoin repeatedly pulled between 69000--71000. Considering the upcoming weekend, the oscillating market pattern is expected to continue. Currently, the daily Ma30 moving average overlapping with the weekly short-term moving average has strong support around 68700, which has been repeatedly confirmed. Without external news impact, it is unlikely to break this level easily. Next week may initiate a rebound relying on this position. Currently, the large oscillation range of 69000--74000 on the daily chart has not been broken.

Trading Strategy:

1. Weekend Short-term Trading: Can perform high selling and low buying around the 69000-71000 range

BTC: Short 71350

BTC: Aggressive Long 69000 Conservative Long: 68388

ETH: Short 2190

ETH: Aggressive Long 2106 Conservative Long: 2068

2. Medium-term Trading: Establish long positions around 69000-70000, stop loss near 68400

3. Over the weekend, can also appropriately watch the altcoin performance. Specific coins are still being researched, see you in tomorrow's daily report! 😜
BTC0.01%
ETH-0.24%
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